- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
10.—(1) Section 6C (mandatory reduction instruments: implementation of requirements of section 6B) is amended as follows.
(2) In subsection (4)(a)—
(a)for “parent” (where it first appears) substitute “UK parent”, and
(b)for the words from “resolution” to the end substitute “Bank of England”.
(3) In subsection (4)(b) for “State or a government entity” substitute “Treasury”.
(4) In subsection (4)(d), for the words from “complies” to the end substitute “represents appropriate compensation to the affected creditor for any loss incurred in consequence of the conversion of that instrument.”.
(5) After subsection (4) insert—
“(4A) Where different conversion rates are applied to different classes of instrument, a lower conversion rate must be applied to subordinated debt than is applied to debts ranking higher in the hierarchy of claims in normal insolvency proceedings.”.
(6) In subsection (7), omit the definition of “resolution authority”.
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Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys